Sterling Powergensys Ltd — Updates, 16-05-2025: Company Update

Sterling Powergensys Limited has announced a board meeting to appoint Mr. Pundlik Davane as the new Chief Financial Officer (CFO), effective February 13, 2025. Mr. Davane brings over 15 years of combined experience in engineering, finance, and compliance within the power and energy sector, having progressed internally from engineer to CFO. The company clarified a delay in disclosing his appointment, attributing it to administrative and transition complexities following the previous CFO’s resignation in November 2024. The firm has reassured shareholders of strengthened processes to prevent such delays going forward.